Step 4 – Monitor your old account for each organization to process the request to switch

Remember to leave your account active at your old financial institution with enough funds for any checks and withdrawals to clear, as well as any outstanding direct deposits to be credited or automatic withdrawals to clear. (This can often take up to 30 days).

Once the old account is inactive, instruct your old financial institution to close your account and to provide you a check for the remaining balance.